Many shitcoins try burns and swaps to decrease the number of coins in circulation.
A nice example of this is BTK (bitcoin turbo koin) which is a total shitcoin that did just that and still failed. After their swap the coins became worth more per coin but if you held and went through the swap you still lost and had coins worth less fiat money overall.
Increasing the value of each coin did not make people buy it. The majority kept dumping.
I think you lost money in it and so does majority who invested during the ICO boom, it was a trend for a period and thousands of coins and token projects are dead who had similar deflationary mechanism. People jump into these market to make a quick profit and investors who are going for the HODL in these tokens and projects will end up loosing their investment and become the bag holder. I've never owned BTK, but I know how it was doing, just like I know a lot about some other POS coins like Bitcoin one. I did some research into them but after all they've proven not to be worth the money. Really, you don't have to be a bagholder to have some negative things to say about some of those shitcoins.
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It's possible but will not happen.
This is like saying that it's possible that the president of the USA goes insane and commits suicide. It sure is! Would you bet on it?
Bitcoin is not going to drop below 3000 dollars without some big problem in the network or a world war, alien attack, a real pandemic not like this fake corona pandemic.
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I have been asking this question for quite sometime. How you are going to know whether a particular level is the rock bottom? How can you be certain that the prices will not dip any further? Many of the investment experts are saying that you should be making the purchase when the prices recover. They don't encourage us to make the purchase when the prices are at the bottom.
We cannot know that but it's safe to assume that a coin is due for a bounce back when it loses over 50% of its value in a short period of time. That's how I try to trade BTC whenever I'm in the mood. I look for drops of 40% or more, buy and hold. It can take a month or even 6 months but eventually it's a very profitable strategy. If you trade a shitcoin it's risky but with more popular coins it tends to work.
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Bitcoin is the oldest coin that I hold.
When it comes to altcoins I hold some ETH and ADA which compared to other altcoins can be called old coins. I don't have any dead coins. When there were signs that a coin is being abandoned I usually sold it and never looked back.
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SAFU makes binance as trusted exchange compared to others which is for, if exchange got hacked then traders won't lose their money the exchange will pay the lost amount from their own so their security measures is not better but how they are treating after the hack really matters and made them as better exchange compared to others.
It has less fee compared to others so more traders means more trading volume.
With the following 1 and 2, people think projects from this exchange are trusted enough.
Safu is a joke. Even if they really have the coins set aside as they claim it's not going to be enough to cover a serious fuckup. They only have enough money to cover small losses. If someone hacks them and steals a lot of coins like it happened to so many exchanges they are going to reimburse maybe 10% of your losses and tell you to be happy that they were able to give anything back because "other exchanges" wouldn't. Will you be happy if it happens and say that they are great because they had safu?
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I don't like how youtube is censoring certain phrases and blocking videos because they mentioned this or that but if they really wanted to ban Bitcoin channels they would.
They are a private company and you wouldn't be able to do anything about it.
The truth is they aren't doing it and appeals like the one of Tone Vays are respected.
There are so many FOMO youtube channels out there that scream "pump" or "dump" every time Bitcoin moves by 5% that we could really live without but they are still here despite their incompetence.
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Hah, there were nice days in which you was able to recieve 0.1 btc/month...
There were much better paying campaigns. Some offered 0.4 -0.5 BTC per month. Imagine earning 5000 dollars a month for posting on a forum! But there's more! Years ago there were no such strict rules for posting in certain sections or x posts a week. You were often paid once a month and could post anywhere you wanted to. Easy money if you were around in 2013 and 2014 and were able to hold it for a few years. What intersts me is the anumber of scam businesses that were promoted this way.
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This is effectively lowering your odds. People argue that house edge makes you always lose in the long run but adding another fee 5% on top of it is even worse.
I'm sure that giving to charity will make you feel better about gambling but most gamblers count their money. I would rather play in a normal casino and then decide if I want to give away some of my money.
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All the information is available in the Internet you just need to show an effort and have some time to research it.
I can't believe that someone who wants to be a Bitcoin trader needs to learn what Bitcoin is and how it works. He'd have to be like that guy who wants to be an astronaut but can't even name planets of the Solar System.
If you have to teach a future trader about the basics of Bitcoin and reading charts you can expect that trader to fail miserably.
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It's not a waste of time if you like it. Some people will find the most trivial things entertaining so if you like to look for that one altcoin that's really worth it be my guest.
Long term investing in altcoins is very risky because many projects get abandoned by their teams and don't receive updates. For small coins with low market cap it's like a death sentence. Some other projects are centralized like XRP and those also can disappear if the company faces bankruptcy or dissolvement.
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I'm pretty sure CSW is not right in the head. He can be a pathological liar with delusions of grandeur. Definitely a case for a psychiatrist.
The same could be said of Tesla, Gates, Jobs, Zuckerberg, and a host of others. Those guys at least invented something or were part of a team that did which we cannot say about Craig. You probably believe that he's Satoshi, but for the other 99% of the community he's just a liar and an usurper who wants to take credit for someone else's work.
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There is no trading exchange listed on coinmarketcap for hex , it's very difficult to believe how the price moved so much. I have been in their telegram group before , it seems like bot action because of too many frequent messages. I will wait to see how far things will go. No need to rush.
To be listed at Coinmarketcap, they need to be listed at 2 exchanges or more. And they need to have a minimum volume of $ 50k per day. So we need to wait for some time so that they can meet these requirements, its price has increased too much and helped many investors to get profits, includes the bounty hunter Does it mean it's al ok because they helped some opeople to get profit? In other words some people made money on this scam and it doesn't make the scam any more legit! All ponzis are liked by those who made money. The problem is that the majority will get scammed and this shouldn't be hidden. People should know what they're buying.
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Excuse me. But I'm not looking for a cash payment system that reports my financial condition.
It doesn't report it but it allows people you transact with to see it. You might find it irrelevant but there are people who transact with businesses they don't fully trust. Those people may need this exact feature. You can never make the payment system liked by everyone nor should you have to. Bitcoin is still pretty close to an ideal system that is not enforced on you and gives you more security and privacy than you're used to having.
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Soon we'll hear that it was CSW calling and he changed his mind and wants to be revealed now. If you want to be shown as the new Satoshi you just have to send enough money to John because his head always turns in the direction from which the smell of money is coming from For real, John is taking much coke again
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It's a shitcoin. Its only purpose was to take over and become the new, better BTC.
Roger Ver thought that people will choose 8MB blocks over the good old original Bitcoin and he used every shady tactics to make people buy his coin. He used to sell BCH as bitcoin on his site.
Even now when you go to bitcoin.com you'll see BCH on top of the list of sold assets and no BTC which is an obvious shady pick meant to confuse people and sell them BCH labelled as Bitcoin.
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When did it do 100x? You are trying to shilling for it. Hex got a lot of hype last days. It is a scam project and the owner trying to hype the project so high. I think you should stay away from this project because its ROI is too high already.
I've seen many scam accusation about this project on social media but no single person was really scammed, maybe it's because HEX promised a huge return for the project, that can make it look like a Ponzi scheme or something How do you define being scammed. If you bought this you've been scammed. If you don't see it you're blind. Just go and check addresses that belong to the chief scammer Richard and see how much money he made when he released the coin. It's a ponzi that gives him a profit from every swapped ETH. On every ponzi scheme there are people who make money but the scheme is built so that the only person that always gets on top is the operator.
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LOL. I Suppose that not all "high ranking members"! since some one has opened a scam accusation against them and collected just some evidences about their scam project/bounty. Check by your self here: [WARNING] BLOCKBURN - FAKE BOUNTY - OFFENSES and INSULTSMore over about "Duchesspink" On her facebook page you can find that her hometown is Lagos (nigeria) That already tells a lot about this Nigerian Princess. I can't believe people are falling for scams like that. Please don't be greedy people. Greed blinds you and you forget to verify the project before putting your money into it. You're better off gambling than sending it to these scammers.
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when bitcoin is healthy, altcoin will follow, that is what i have seen the last time , bitcoin sky rocket price, i know some will agree, but for me if bitcoin price is low it will drag altcoin price, since the main coin is bitcoin, and altcoins will adjust with the price, so when bitcoin is healthy so is altcoins, but sometimes if eth has good new or there is an update it will also drag the price up.
That's what I always say. Altcoins can have small pumps but there will not be a major one without Bitcoin leading the way. The weaker an altcoin looks the more prone it is to its own small pumps and dumps but also to being sold when Bitcoin enters a major rally. Bigger, stronger altcoins are rare to pump or dump on their own. They usually wait for Bitcoin to rally and follow it.
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I'm not worried about acceptance because it won't ahppen overnight. OP is giving the curent state of segwit and LN and comparing it with future state of Bitcoin when it's already accepted. It makes no sense. Im sorry im of no help because im new here. Can someone help me What do you need help with? There's a beginners and help sections, try there.
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